Office for sale in 40-50 Princes Street, Ipswich IP1

£2,750,000 (£199.09/sq. ft)
Office for sale 13,813 sq. ft*
Interested in this property? Call +44 1473 679871 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Vrv air cooling/heating
  • Full access raised floors
  • Eight person passenger lift
  • Contemporary plastered ceilings
  • LG7 compliant lighting
  • Video access entry system
  • Excellent natural light from generous fenestration
  • Parking for at least 10 cars

Property description

The premises are on a highly prominent position on the west side of Princes Street, just to the north of Civic Drive/Franciscan Way, thereby affording the property superb visibility when approaching from the south. It is in the heart of the town’s central business district, moments from Cornhill, the prime pedestrianised pitch of Butter Market and the Butter Market Shopping Centre.

Directly opposite the property is Norman Foster’s iconic listed Willis Building, a local landmark occupying an island site and recognised for its dark glass facades and almost Pompidou Centre qualities, with the building’s feature plant visible through the glass facades. Other occupiers in the vicinity include Barclays Bank and several national estate agencies and recruitment companies, whilst the town’s leading law firms such as Birketts, Gotelee and Prettys are close by.

Ipswich mainline station is approximately 8 minutes walk away, while numerous bus routes operate in the area.

Fully let investment for sale at a reduced price of £2.75m. Total rental income £168,850 before incentive, increasing to £175,300 in 2022 and £181,750 in 2023.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Penn Commercial, IP2 on +44 1473 679871 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Penn Commercial, and do not constitute property particulars. Please contact Penn Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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